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the pangers came back from an 18 point deficit to win 30-27. they dedicated that game to their coach who is battling leukemia. congratulations. >> it is time now. 40 after the hour. coming up it sounds like a warning for a crazy roller-coaster. why is detroit telling people to visit at their own risk? >> it is your last chance to answer our question of the day is forcing student athletes to run extra lapse a form of corporal punishment sfl ? we will read the comments and tweets coming up next. it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. [ charlie ] try zi
the pangers came back from an 18 point deficit to win 30-27. they dedicated that game to their coach who is battling leukemia. congratulations. >> it is time now. 40 after the hour. coming up it sounds like a warning for a crazy roller-coaster. why is detroit telling people to visit at their own risk? >> it is your last chance to answer our question of the day is forcing student athletes to run extra lapse a form of corporal punishment sfl ? we will read the comments and tweets...
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Oct 7, 2012
10/12
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we are ready to have a deficit reduction deal that is big, bold, and balanced. we also understand that in addition to spending cuts you go got to have revenue. hope that moderate republicans will be empowered to negotiate that with us for the good of the country. we have eight minutes left here.x >> congressman, you talked a little bit about that.xxx you know, when we come back and in november and to the capital, all of the congress, all the members of congress including some of the tea party members you hope to defeat this remember will still be here, will still be voting members until at least january, how do you navigate that if democrats are successful in november? >> time in thinking the day after. am focus on how to get into a position where we within the house of representative then we can reach out and cross the aisle and talk to moderate republicans and maybe even to some tea party republicans who have now bee been, have now learned the lesson firsthand as painful it may be that extremism is not a virtue. and maybe we'll be able to talk some sense into
we are ready to have a deficit reduction deal that is big, bold, and balanced. we also understand that in addition to spending cuts you go got to have revenue. hope that moderate republicans will be empowered to negotiate that with us for the good of the country. we have eight minutes left here.x >> congressman, you talked a little bit about that.xxx you know, when we come back and in november and to the capital, all of the congress, all the members of congress including some of the tea...
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Oct 13, 2012
10/12
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we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone would like to know the answers to these questions, but you have professional groups disagreeing about the economic impact of these things. so we don't really know. >> we have more clarity on the spending side where romney has said he wants to limit federal spending which would mean significant reductions in what the federal government does on a whole variety of fronts. even romney has said $500 billion a year in cuts by 2016. so that is a major difference that's out there. >> that's easier said than done as we know from covering congress for many years. >> and big bird is obvio
we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone...
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Oct 8, 2012
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is surplus into a huge deficit. in n. paying deficit down you should score the fact we are coming out of iraq and afghanistan. the other thing that the president has proposed and that he he understands is we cannot cut our way to prosperity. we need a balanced approach and growing our economy by doing things leak the senator opposed like restructuring the auto industry in order to put people back to work and make manufacturing jobs grow is one of the actions we need to take in order to do that. the fact of the matter is the president because he has the responsibility of office has been specific about what he proposes and mitt romney tells us to trust him. his plan is hiding behind door number three with carroll merrill and his undisclosed tax returns. >> chris: i'm glad you practiced the line. >> the lines are great. his budget tax increase on job creators. budget gimmicks brings us to $25 trillion in debt over ten years. this president has added more are debt than any other president -- >> not true. >> he said he w
is surplus into a huge deficit. in n. paying deficit down you should score the fact we are coming out of iraq and afghanistan. the other thing that the president has proposed and that he he understands is we cannot cut our way to prosperity. we need a balanced approach and growing our economy by doing things leak the senator opposed like restructuring the auto industry in order to put people back to work and make manufacturing jobs grow is one of the actions we need to take in order to do that....
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Oct 7, 2012
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enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burdening the middle class. it's math, it's arithmetic. >> get the rates down, lower deductions and exemptions to create more jobs because there's nothing better for getting us to a balanced budget to have more people working, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the journal editorial report. i'm paul gigot. a big night in denver on wednesday, as president barack obama, and mitt romney met for the first presidential debate and the candidates sparred as you heard over taxes and the deficit as well as health care. wall street reform and the role of government. with mitt romney taking some sharp shots at the president's record these past four years. >> we're seeing right now is, in my view, a trickle down government approach which has government thinking it can do a better job than free people pursuing their dreams and that's not working the. proof of that is 23 million people out of
enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burdening the middle class. it's math, it's arithmetic. >> get the rates down, lower deductions and exemptions to create more jobs because there's nothing better for getting us to a balanced budget to have more people working, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the...
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Oct 9, 2012
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he held the deficit steady. how much debt has the president run up? >> $6 trillion. >> very good. $6 trillion. >> yes. and let me ask you this. what is... is that -- is that all bush's fault? >> no. what is the debt bush ran up? >> bush? okay. >> well, well... >> look. >> no. no. >> bush is gone. >> i'm not defending bush. >> bush is gone. this isn't a question of defending bush. >> sure sit. >> it's a question of putting our issues in context. contest isn't a proper. >> you're saying look. my guy ran up $6 trillion in debt. but what did bush do? come on. it's ridiculous. it doesn't matter what bush did. the job of the president now is to get the debt under control and you've got to -- . >> exactly. >> i can see why obama did badly in the debate. the altitude really is rough up here in come redistribution. do you believe it? >> do you? >> i asked first. >> i believe... >> i believe in social security. do you believe in social security. >> yes. >> so we're both socialists? >> no. no. >> social security isn't redistribution? >> no. it's not. >> you pay
he held the deficit steady. how much debt has the president run up? >> $6 trillion. >> very good. $6 trillion. >> yes. and let me ask you this. what is... is that -- is that all bush's fault? >> no. what is the debt bush ran up? >> bush? okay. >> well, well... >> look. >> no. no. >> bush is gone. >> i'm not defending bush. >> bush is gone. this isn't a question of defending bush. >> sure sit. >> it's a question of...
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Oct 6, 2012
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and the deficit gets with bigger and the deficit gets bigger. >> raise taxes and-- >> we've got, okay, adam. can you break this? what do you think? which side are you on here, a fiscal cliff, how do we address this, higher taxes, lower taxes? >> we won't have a sequester for more than a few days. i can see it happening, but it won't last very long. what we have to have higher taxes. >> no, come on. >> and we know that, we will. >> all right i tell you what-- >> you know what, we'll have double dip recession. >> we may be going there anyway. >> all right, i tell what you, guys, we may, to adam's point have it for a couple of days, but tell you charlie the only reason we will have it for a couple of days the markets would react if this things started. >> i agree. why would the markets react if you're going to do something-- >> got you there. >> and the same way it reacted last year when we talked about double dip recession. >> that was a default. >> and cut spending, charlie, the economy-- >> and everyone made great points, by the way, neil is not waiting around for lawmakers for this f
and the deficit gets with bigger and the deficit gets bigger. >> raise taxes and-- >> we've got, okay, adam. can you break this? what do you think? which side are you on here, a fiscal cliff, how do we address this, higher taxes, lower taxes? >> we won't have a sequester for more than a few days. i can see it happening, but it won't last very long. what we have to have higher taxes. >> no, come on. >> and we know that, we will. >> all right i tell you what--...
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Oct 10, 2012
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who knew that he was driving our deficit. we are going after that. we are going after big bird, elmo is making a run for the border, oscar is hiding out in a trash can and governor romney wants wall street to run wild again but he is going to bring down the hammer on sesame street. >> the r&b has enlisted another character the count to defend against the president's claims. the image has been making the rounds on-line that says at recent campaign events president obama mentioned big bird 8 times elmo five times while failing to mention libya or a plan to fix the economy. h in honor of the count i will say there's only 27 days left until the election. >> who would have thought elmo and big bird would make such a big smash on the campaign trail. >> we are taking another look at who is talking. last night the use of big bird in the president's campaign ad sparked a heated debate with sean hannity and juan williams. >> this was a dodge. big bird is introduced in the conversation by governor romney. >> that's the point. -- (talking over one another) >> he
who knew that he was driving our deficit. we are going after that. we are going after big bird, elmo is making a run for the border, oscar is hiding out in a trash can and governor romney wants wall street to run wild again but he is going to bring down the hammer on sesame street. >> the r&b has enlisted another character the count to defend against the president's claims. the image has been making the rounds on-line that says at recent campaign events president obama mentioned big...
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Oct 7, 2012
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we are ready to have a deficit reduction bill that is big, bold and balanced. but we also understand that and in addition to spending cuts coming up to have some revenue. and i hope that moderate republicans will be empowered to negotiate that with us for the good of the country. >> when we come back in november, all of the members of congress, including some of the tea party members to vote to defeat this year, will still be your, -- will still be here. how do you navigate that if democrats are successful in november? >> again, i am not really thinking about the day after. i am focused on how do we get to a position where we win the house representatives and then we can reach out across the aisle and talk to moderate republicans and maybe even to some tea party republicans who have now learned the lesson first hand, as painful as it may be, that extremism is just not a virtue. and maybe we will be able to talk some sense into them and get back to where we were in the debt reduction talks last august. three times, we had a debt reduction deal with john boehner
we are ready to have a deficit reduction bill that is big, bold and balanced. but we also understand that and in addition to spending cuts coming up to have some revenue. and i hope that moderate republicans will be empowered to negotiate that with us for the good of the country. >> when we come back in november, all of the members of congress, including some of the tea party members to vote to defeat this year, will still be your, -- will still be here. how do you navigate that if...
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Oct 12, 2012
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get the deficit and debt under control to prevent a debt crisis. make trade in america and sell things overseas and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting hip. let me tell but the mitt romney i know. this is a guy who i was talking to a family in north borough, massachusetts, sherylin mark-nixon. their kids were hit in a car crash, four of them. two of them were paralyzed. the romneys didn't know them. they never met. mitt asked to come over for christmas. he brought his boys, his wife and gifts. later on, he said, i know you are struggling, mark, don't worry about their college, i will pay for it. when mark told me this story -- mitt romney doesn't tell these stories. the nixons told me this story. when he told me the story, it wasn't the cash help, it's that he gave his time and he has consistently. this is a man who gave 30% of his income to charity, more than the two of us combined. mitt romney's good man. he cares
get the deficit and debt under control to prevent a debt crisis. make trade in america and sell things overseas and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting hip. let me tell but the mitt romney i know. this is a guy who i was talking to a family in north borough, massachusetts, sherylin mark-nixon. their kids were hit in a car crash, four of them. two of them were...
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Oct 14, 2012
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taxes paid by upper income earners and we will give tax relief to the middle class and going to be deficit neutral. you can do all those things and have people understand this election was about this and we need this kind of progrowth tax reform agenda and work out the details in the same way ronald reagan did with tip o'neill with working across the aisle. governor romney has a proven record of being able to work across the aisle. >> chris: there are a lot of questions from independent people how do you pay for it and you refuse to say how you will pay for it? >> we will pay for it by eliminating deductions and loopholes and making sure for the middle class that protecting the home mortgage deduction and other important deductions for them but at the high end you would eliminate deductions and a lot of special interest loopholes that would allow you you to bring down the rate 20%. six different studies said this is -- >> chris: those studies are questionable. some of them are blogged. some from the aei which is hardly an independent group. >> these are credible sources and -- >> chris: on
taxes paid by upper income earners and we will give tax relief to the middle class and going to be deficit neutral. you can do all those things and have people understand this election was about this and we need this kind of progrowth tax reform agenda and work out the details in the same way ronald reagan did with tip o'neill with working across the aisle. governor romney has a proven record of being able to work across the aisle. >> chris: there are a lot of questions from independent...
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Oct 8, 2012
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
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Oct 11, 2012
10/12
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this president prom -- demagogues against a $400 billion deficit now we have over a trillion. he was very negative on the debt put on over the previous 8 years, now we put on 6 trillion. i mean, you know we have not seen the policies that were promised. i think that issue is we want to make sure as a business community whoever is in the white house, that the promises are met, and we have an environment that is once against friendly to american job creation. neil: steve thank you very much. this is up the ante for tomorrow night, fox business will continue to cover the crucial debates, tomorrow. vice president one in milwaukee. joining us tomorrow is sarah palin, many, many more. and that fiscal cliff, more like a bunny slope. "new york times" and saying, ronald reagan a former budget chief said, that is wrong. you should be worried if the times says that is right, david stockton here, and only here. but first the irish calling for another round, not of beer, of oil, more drilling, how ireland is drilling us under the table. if you think we're close to following, you better dri
this president prom -- demagogues against a $400 billion deficit now we have over a trillion. he was very negative on the debt put on over the previous 8 years, now we put on 6 trillion. i mean, you know we have not seen the policies that were promised. i think that issue is we want to make sure as a business community whoever is in the white house, that the promises are met, and we have an environment that is once against friendly to american job creation. neil: steve thank you very much. this...
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Oct 12, 2012
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get this deficit and debt under control. >> -in -- in addition to asking your comments, we put up some polls. this is not scientific. it is just for people who happen to take part. 1483 say joe biden on the debate. paul ryan, 1095. we are listening to your calls and reaction tonight. the next up is a democrat. caller: thank you for taking my call. i was very moved by vice president joe biden. a heartfelt story about losing his life. i never knew that about him. four years ago, it was my first time voting. i voted for obama. i will again i am at 47 cents and he was mentioning. i was laid off in 2010. i just want you to know when robert watson was just on and he said vice president biden on a personal level, it is true he says that with the american people. i learned a lot about him personally. four years ago, i had never heard of him. now seeing this, i have two kids in college who will be first- time voters. i am letting them make up their own determination. i made sure they saw both debates. one is 19 and one is 20, and they have better things to do. it is my job as a mother to make s
get this deficit and debt under control. >> -in -- in addition to asking your comments, we put up some polls. this is not scientific. it is just for people who happen to take part. 1483 say joe biden on the debate. paul ryan, 1095. we are listening to your calls and reaction tonight. the next up is a democrat. caller: thank you for taking my call. i was very moved by vice president joe biden. a heartfelt story about losing his life. i never knew that about him. four years ago, it was my...
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Oct 13, 2012
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finally let's take a look at the deficit. romney is planning to cut a lot more than funding to big bird and pbs. his plans include repealing obama care, reducing foreign aide and privatizing amtrak. you may notny that's that big of a deal. i use it all the time. romney says privatizing it will save $1.3 billion. the budget is made up a lot of small things. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society. he wants to do that by the end 6 his first term. right now government spending is at 25% of gdp. let's shed some more light on what romney's america would look like. kevin hassette is an economic adviser for mitt romney. stevon moore is an editorial writer for "the wall street journal." my good friend christine romans is the host of "your botto line" right here on cnn. folks, no party or ideological spin today, no using the name obama or the term democrat. pain the me a picture of what the world looks like under romney four years from
finally let's take a look at the deficit. romney is planning to cut a lot more than funding to big bird and pbs. his plans include repealing obama care, reducing foreign aide and privatizing amtrak. you may notny that's that big of a deal. i use it all the time. romney says privatizing it will save $1.3 billion. the budget is made up a lot of small things. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society....
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federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what does it show? [ male ann] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. c
federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what...
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Oct 10, 2012
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especially facing a trillion dollars budget deficit and a $16 trillion national debt. jon stewart and i debated the issue on saturday. >> the reason that we invest in things like public television is that it brings educational programs to communities that would not have them. it's one of the best investments we ever made in the country. >> bill: $16 trillion and we got to pay for bill moyer. let him compete on his own. you want educational programs, watch your program! spring for the cable, all right. let him compete on his own! come on. >> bill o'reilly is identified $130 million from npr because npr should be able to compete on its own. >> bill: correct. >> bill: to be clear, national public radio, npr, is part, just part of the public broadcasting umbrella in which again it's receiving close to $450 million this year alone. assisting governor romney's weak points, president obama apparently thinks he has an opportunity with this controversy. >> finally somebody is cracking down on big bird. elmo has been seen in a white suburban, he's driving for the border. governo
especially facing a trillion dollars budget deficit and a $16 trillion national debt. jon stewart and i debated the issue on saturday. >> the reason that we invest in things like public television is that it brings educational programs to communities that would not have them. it's one of the best investments we ever made in the country. >> bill: $16 trillion and we got to pay for bill moyer. let him compete on his own. you want educational programs, watch your program! spring for...
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Oct 12, 2012
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romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, ohio. certain states seem to matter more in this election than others, don't they? in every election the battleground or swing state which could go republic or democrat could matter the most. this year handful of states states including nevada and quarter. molly line with more on this live from boston. >> hi, shep. we turned from the states where they have been spending a lot of time. nevada glitz and glamour of the las vegas strip. real estate tough bed. highest unemployment rate in the nation at 12.1%. difficult place to convince people that things are going to get better. 6 electoral votes are at stake. real estate agent says the housing market has been disseminated. >> because of, you know, mitt romney and knowing how to manage money and obama being for the people,
romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, ohio. certain states seem to matter more in this election than others, don't they? in every election the battleground or swing state which could go republic or democrat...
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Oct 9, 2012
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you're missing up the deficit with the debt. >> no, no, no. you are missing the deficit. the deficit is yearly spending. the debt is cumulative. the debt wasn't wiped out. >> eric: sorry, johnny. you were wrong. okay. brian, you're up. >> brian: here it is. as long as i've been at fox and reading the newspaper, two stories always happen. is pete rose going to get in the hall of fame and will jennifer aniston find true love? one has come to end. 12 years after breaking up brat pitt left her for a hotter woman she found true love with a guy that bob worships. justin thrashgh. they're engaged and put it to bed. guys can stop thinking to themselves i have a shot at her. it's over and done. >> dana: she has been engaged for a while. >> brian: this is just hitting me. she is single so we could relate to her. she is searching for love. now people rose is left with the only question left. >> andrea: left her for a hotter woman? most men in the country are split. >> dana: quickly, the cheerleader from texas, miranda ferguson, set a record. we have it here. she did 35 backflips. th
you're missing up the deficit with the debt. >> no, no, no. you are missing the deficit. the deficit is yearly spending. the debt is cumulative. the debt wasn't wiped out. >> eric: sorry, johnny. you were wrong. okay. brian, you're up. >> brian: here it is. as long as i've been at fox and reading the newspaper, two stories always happen. is pete rose going to get in the hall of fame and will jennifer aniston find true love? one has come to end. 12 years after breaking up brat...
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Oct 7, 2012
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talked about a plan that governor romney has that would in their estimation, lead to a $5 trillion deficit, they are citing outside besides for that number. and romney says it will be compensated for by loopholes. how he will justify the cuts? where will those revenue sources be made up? >> even stephanie cutter admitted it is not a $5 trillion tax cut. we have a 20% tax cut across the board, no matter what income level you fall into. but for those people at the higher levels of income, what governor rom no is proposing is closing loopholes and dedux for those individuals that will ultimately make the entire budget revenue neutral. >> shannon: when will we find out what they are? >> when a budget is put together, when the budget committee puts forward a budget, they don't put forward a budget with every loophole and deduction and every single -- they have a couple of numbers, they say here's the top number, here's the bottom number. you go to the ways & means committee and i sit down with a burch of people and i figure out how to get a tax cut across the board and close the loopholes so th
talked about a plan that governor romney has that would in their estimation, lead to a $5 trillion deficit, they are citing outside besides for that number. and romney says it will be compensated for by loopholes. how he will justify the cuts? where will those revenue sources be made up? >> even stephanie cutter admitted it is not a $5 trillion tax cut. we have a 20% tax cut across the board, no matter what income level you fall into. but for those people at the higher levels of income,...
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Oct 11, 2012
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and we' telling washington, you are running a trillion deficit for a fourth year in a row. you can borrow money almost for nothing, why not wait another year or two, who wants to take the fall? who wants to take the politic heat if you can borrow money from 70 basis pois for 5 years, that is what they are doing now. neil: building another bubble? >> a debt bubble. neil: bursthen a depression. >> i don't know, we've never been there before, we never had a tral bank tha -- central bankt printed this much money. neil: you don't think it can walk back the graveya much longer. >> i don't tnk so. neil: okay, if you have a lead suit, you buy it. david stock man, ronald reagan budget director. makes you think, you know we don't off don't this, we don't go long with a lot of guests, some we make an extension for, mr. stock man is among them, either agree or disagree, he makes you think. >> thank you. neil: we have a lot more after this, including with the spark miles card from capital one, thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] th
and we' telling washington, you are running a trillion deficit for a fourth year in a row. you can borrow money almost for nothing, why not wait another year or two, who wants to take the fall? who wants to take the politic heat if you can borrow money from 70 basis pois for 5 years, that is what they are doing now. neil: building another bubble? >> a debt bubble. neil: bursthen a depression. >> i don't know, we've never been there before, we never had a tral bank tha -- central...
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Oct 6, 2012
10/12
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one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. 29%
one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries....
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Oct 11, 2012
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for social security i have a bill that fixes social security for 75 years, wipes out a $6 trillion deficit, gradually raised the age to 70's over 20-year period starting with 56 and under and what we do is means test the benefit. the wealthy people get less. if you are wealthy you get a little bit less if you made a decent income. >>neil: here is where both sides risk putting people to sleep. you slain this in bake terms if they outwork each other, no, you are going to steel $700 billion from medicare, no, no, no, you are going to take $700 billion. >>guest: you going to. >>neil: here we go, back-and-forth. how do they avoid that and not leave people at home watching totally confused? >>guest: the main thing to get across, are you willing to do something to save medicare? to save social security? or are you going to say i'm not touching either of them and i will not do anything and i am opposed to all reform. >>neil: the way we are going now is not sustainable why not say that? >>guest: you can but you have to put forward a reform. president obama has not put forward a reform. i sat this f
for social security i have a bill that fixes social security for 75 years, wipes out a $6 trillion deficit, gradually raised the age to 70's over 20-year period starting with 56 and under and what we do is means test the benefit. the wealthy people get less. if you are wealthy you get a little bit less if you made a decent income. >>neil: here is where both sides risk putting people to sleep. you slain this in bake terms if they outwork each other, no, you are going to steel $700 billion...
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Oct 14, 2012
10/12
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washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taxes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. nonether than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is john browne he believes they do not deserve the award. we also have the opposing view. richard, i will read the review of the european union for over six decades continue to the event apiece and reconciliation and human-rights in europe. why do you think they chose the e.u.? >> first, you and i are young but if you look back 70 years they only had the balkans war. europe has been saved and pay it -- peaceful. is a little aspiration all. that the european union do more. >> should you have the economies that were also? >> piece was insured by nato and the deterrent combined with the united kingdom i
washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taxes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. nonether than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is...
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Oct 13, 2012
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because biden is trying to get out of the deficit that obama created in the first -- >> bob: that's exactly right. >> dana: biden had a different job last night. actually paul ryan's job was to appeal to seniors and to women. i think he nailed that. and so, whereas some of the other lines he might not have won the point, actually overall he won overall with his base, too. >> andrea: if the strategy is to rally the base, the base is women. the democratic base. war on women. they went in to this, pew research found that 51% of voters already had an unfavorable view of the vice president. he did himself no favors. >> eric: that is an important poll. i bet that number goes up after that. he was not likable. everything he did, the smilin smiling, smugness, he cut off paul ryan 82 times in 90 minutes. that is almost impossible to do. the other thing is "wall street journal" points this out. he was on the attack. they call it bully versus the wonk. he was on the attack. meaning joe biden, all night. every time he attacked paul ryan on a topic, it was wrong. his facts were -- >> bob: it was not wro
because biden is trying to get out of the deficit that obama created in the first -- >> bob: that's exactly right. >> dana: biden had a different job last night. actually paul ryan's job was to appeal to seniors and to women. i think he nailed that. and so, whereas some of the other lines he might not have won the point, actually overall he won overall with his base, too. >> andrea: if the strategy is to rally the base, the base is women. the democratic base. war on women....
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Oct 8, 2012
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with people who were letting their congressmen know they didn't like obamacare and didn't like the deficit and the debt. has the tea party diminished, gone quiet underground or disappeared? >> what we've been doing is working from being enraged in 2009 when the tea party started to being actively engaged and taken, basically political novices, most the people in the tea parties and members around the countriment now around 41 million that support the tea party principles are people that work, take care of their kids and go to the football games like we saw with the congressman in idaho, and not people who spent a great deal of time in politics and haven't had time in the past and that's changed now and turned those political know novices into fully engaged and fully functioning political activists in the field. >> mike: it's pretty typical in any spontaneous movement, which the tea party was, there becomes a paint they become to assimilate into the institutions that they first railed against and seek to change and become part of the change. is that part of what we're seeing in the tea part
with people who were letting their congressmen know they didn't like obamacare and didn't like the deficit and the debt. has the tea party diminished, gone quiet underground or disappeared? >> what we've been doing is working from being enraged in 2009 when the tea party started to being actively engaged and taken, basically political novices, most the people in the tea parties and members around the countriment now around 41 million that support the tea party principles are people that...
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Oct 12, 2012
10/12
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. better phone, better internet. it was like somebody like took our computer, shook all the junk out of it. we're actually getting more for our money with fios. [ male announcer ] it's time to get more for your money. upgrade to verizon fios internet, tv and phone with our best price online. just $84.99 a month, guaranteed for one year with no annual contract. there's at least three computers. [ girl 1 ] a tablet. [ woman 1 ] couple of gaming systems. we could all be running at the same time. we do not notice any dips. [ male announcer ] get tv rated #1 in customer satisfaction. and get the school year off to a great start with america's fastest, most consistent a
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. better phone, better internet. it was like somebody like took our computer, shook all the junk out of it. we're...
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Oct 11, 2012
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. >> we cannot afford another series of budget deficits of roughly $1 trillion per year. this is not just bad for the economy. it's bad for jobs. >> brandi hitt, abc news, ky. >> during tonight's debate, log on to wjla.com/react from your compatible smartphone tablets or browser and give us your reaction. we will show the results on abc 7 news at 11:00. we are looking at 48 degrees >> . still to come, an update on a man brutally beaten near the eastern market area in the district. captioned by the national captioning institute --www.ncicap.org-- >> thursday morning, welcome back. adam caskey and with a look at your forecast. it may be a lot cooler today than yesterday by about 10 degrees. tomorrow will be verisimilar but breezy. you'll notice the wind on friday. 45 now in frederick, 47 in martinsburg, 32 in oakland maryland. 53 at reagan national. 62 degrees today for the high temperature with a good amount of sunshine. blue skies. the average high is 70. we will be close to 60. mid 60's tomorrow with scattered clouds and a northwest breeze at 10-15. we will talk about th
. >> we cannot afford another series of budget deficits of roughly $1 trillion per year. this is not just bad for the economy. it's bad for jobs. >> brandi hitt, abc news, ky. >> during tonight's debate, log on to wjla.com/react from your compatible smartphone tablets or browser and give us your reaction. we will show the results on abc 7 news at 11:00. we are looking at 48 degrees >> . still to come, an update on a man brutally beaten near the eastern market area in the...
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Oct 10, 2012
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>>guest: he is hailed as a deficit hawk but his own budget doesn't balance until 2040. the olson twins will be 54 by the time it is balanced. >> if you taking your money, who do you give it to? joe biden and president obama or ryan and romney? >>shepard: but don't you think people want specifics? >>guest: what they --. >>shepard: you are saying you will not mess with the deficit but you are not adding more tax money. if you don't add more money, how does it work? explain that. >>guest: those details are talked about. >> stimulating the economy, the president has not laid out his plan and they are saying, why doesn't governor romney lay out his plan. he has done it over and over and over again. >> he talked about cutting big bird. >> i would rather be on the side of momentum. >> if you are driving across the country and you say you will do it in 15 years can you not do that unless you speed. that is what mitt romney is saying. >>shepard: they both say they will fix this but neither has told us how. it stands to reason that the american people would go, you should tell us
>>guest: he is hailed as a deficit hawk but his own budget doesn't balance until 2040. the olson twins will be 54 by the time it is balanced. >> if you taking your money, who do you give it to? joe biden and president obama or ryan and romney? >>shepard: but don't you think people want specifics? >>guest: what they --. >>shepard: you are saying you will not mess with the deficit but you are not adding more tax money. if you don't add more money, how does it work?...
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Oct 14, 2012
10/12
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CNN
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that means the deficit would rise by $6.7 trillion. it's a good first step, but budget experts say that's still too high. mitt romney, meanwhile, has focused on the cuts. his economic plan, 55% of it cap spending at 20% gdp but his plan avoid cutting from defense. mitt romney says he would approve a balanced budget plan that only spends as much as it takes in, and he would also pursue entitlement reform. mitt romney's issues are taxes. romney's plan called for a 20% tax cut across the board. he said he would balance the loopholes and he said he would take care of the middle class family. but it's impossible to lower rates without taking money from low and middle income families. his plan would leave debt at 85% gdp by the end of the decade. we've been telling you also about the fiscal cliff. budget cuts will take place at the beginning of next year unless congress acts. president obama or president romney will need to worry about a rescisicessionrecession. they won't need to worry about a deficit. it would fall this year if we fell off
that means the deficit would rise by $6.7 trillion. it's a good first step, but budget experts say that's still too high. mitt romney, meanwhile, has focused on the cuts. his economic plan, 55% of it cap spending at 20% gdp but his plan avoid cutting from defense. mitt romney says he would approve a balanced budget plan that only spends as much as it takes in, and he would also pursue entitlement reform. mitt romney's issues are taxes. romney's plan called for a 20% tax cut across the board. he...
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Oct 14, 2012
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he promised to cut the deficit in half four years. we have had four budgets, four trillion-dollar deficits. a debt crisis is coming. we can't keep spending and borrowing money we don't have. leaders run to problems to fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. i have passed two budgets to deal with it. mitt romney has put five years on the table. we have to tack thel debt crisis before it tackles us. the president likes to say he has a plan. he gave a speech. we asked the budget office, can we see the plan? he gave us a copy of the speech. we asked the cbo, tell us about the budget. they said, it's a speech. we can't estimate speeches. you see? that's what we get in the administration, speeches. we are not getting leadership. mitt romney is uniquely qualified to fix these problems. his lifetime of experience, his proven track record of bipartisanship. and what do we have from the president? he broke the big promise to bring people together to solve the
he promised to cut the deficit in half four years. we have had four budgets, four trillion-dollar deficits. a debt crisis is coming. we can't keep spending and borrowing money we don't have. leaders run to problems to fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. i have passed two budgets to deal with it. mitt romney has put five years on the table. we have to tack thel debt crisis before it tackles us. the...
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Oct 7, 2012
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the first thing he said was the issue of the debt and deficit is not just an issue of money it is an issue of morality. immoral to leave the debt to our children and grandchildren and i thought it was a strong statement and elevated the romney campaign above a kind of we can do a little better for your pocketbook next week than president obama can and put it in a bigger concept and elevated the race into who is the more are responsible steward of this country's finances and well being for the next generation. i thought it was a very important moment for mitt romney. >> geraldo: stand but youle join our all-star panel in a moment. first, news on fast and furious, folks. the botched atf gun running operation and news that hasn't been fully digested by the mainstream media. we know that one of the walked guns was used to kill agent brian terry but it took the spanish language news network to reveal that the walked guns were also used if you recall the horrific 2010 massacre of mexican teenagers in the border city of juarez. they broke into a birthday party and started firing and before
the first thing he said was the issue of the debt and deficit is not just an issue of money it is an issue of morality. immoral to leave the debt to our children and grandchildren and i thought it was a strong statement and elevated the romney campaign above a kind of we can do a little better for your pocketbook next week than president obama can and put it in a bigger concept and elevated the race into who is the more are responsible steward of this country's finances and well being for the...
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Oct 11, 2012
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stocks were up due to the encouraging weekly jobs claim number but were tempered by a widening trade deficit and higher unemployment in greece. >>> and more worrisome news for the global economy. s&p 500 a downgrading spain's credit rating, it dropped two levels. s&p says the downgrade comes because the capacity for spain's political institutions to deal with the current economic sand finance am crisis is declining. >>> our report out today says tourist force the london olympic and paralympic games failed to give a boost. the number of visitors was lower between june and august compared to the previous year. it dropped about 7%. the tourists said the spending hovered around the same before at $9.7 billion. >>> a report says airlines are reduce the number of long tarmac waits that customers have to sit through. the report was released by the u.s. department of transportation. in august, airlines reported tarmac delays longer than three hours. they must be reported. luggage lost and discrimination complaints are as down -- are also down. >>> there are new clues in the case of a missing hayward
stocks were up due to the encouraging weekly jobs claim number but were tempered by a widening trade deficit and higher unemployment in greece. >>> and more worrisome news for the global economy. s&p 500 a downgrading spain's credit rating, it dropped two levels. s&p says the downgrade comes because the capacity for spain's political institutions to deal with the current economic sand finance am crisis is declining. >>> our report out today says tourist force the...
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Oct 14, 2012
10/12
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CNN
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not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on him and he has not fully answered it. and again, if the math is wrong, i think you need more specifics about what deductions he would remove to show that the math adds up with what he wants to do. >> this tuesday, the contenders square off, 7:00 p.m. eastern time is when our coverage begins and the debate will be moderated by cnn's candy crowley. >>> because of its questionable voter registration tactics in florida, here's cnn's joe johns. >> he's a veteran gop operative who just doesn't seem to go away. just a few weeks ago a wave of bad publicity hit -- disavowed by the
not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on...